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50 000 Bolívares

Issuer Banco Central de Venezuela
Year 1998
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Value 50 000 Bolivars (50 000 bolívares) (50 000 VEB)
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Obverse description Log in to see details
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Reverse lettering BANCO CENTRAL DE VENEZUELA
CINCUENTA MIL BOLIVARES
50000
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Protection type Watermark, Optically Variable Ink (OVI)
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Comments

The "Printed: 30.04.1945" field in the catalog data is almost certainly a database artifact — the Canadian Bank Note Company printed this 1998 series for Venezuela, and the 1945 date bears no plausible relationship to a note of this denomination or type. Disregard it.

Venezuela's late-1990s high-denomination notes were a direct consequence of inflation that had been grinding purchasing power down since the 1980s oil price collapse and subsequent bolívar devaluations. By 1998, 50,000 bolívares was a functional everyday denomination, not a prestige issue. The OVI security ink was a relatively recent addition to Venezuelan notes at this point in the series.

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